BancorpSouth Inc. (NYSE:BXS) has received a consensus recommendation of “Hold” from the nine analysts that are presently covering the company. One investment analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and two have given a buy recommendation to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $24.50.

BXS has been the subject of several research reports. Raymond James Financial Inc. cut shares of BancorpSouth from a “market perform” rating to an “underperform” rating in a research note on Thursday, October 6th. RBC Capital Markets cut shares of BancorpSouth from an “outperform” rating to a “sector perform” rating and lowered their price objective for the company from $26.00 to $25.00 in a research note on Friday, October 21st. Zacks Investment Research raised shares of BancorpSouth from a “sell” rating to a “hold” rating in a research note on Monday, October 3rd. Finally, Royal Bank Of Canada cut shares of BancorpSouth from an “outperform” rating to a “sector perform” rating and lowered their price objective for the company from $26.00 to $25.00 in a research note on Friday, October 21st.

Several institutional investors have recently bought and sold shares of BXS. Renaissance Technologies LLC raised its position in BancorpSouth by 86.6% in the first quarter. Renaissance Technologies LLC now owns 980,600 shares of the company’s stock valued at $20,897,000 after buying an additional 455,087 shares during the last quarter. Metropolitan Life Insurance Co. NY raised its position in BancorpSouth by 2.1% in the first quarter. Metropolitan Life Insurance Co. NY now owns 142,158 shares of the company’s stock valued at $3,029,000 after buying an additional 2,948 shares during the last quarter. First Republic Investment Management Inc. raised its position in BancorpSouth by 26.7% in the first quarter. First Republic Investment Management Inc. now owns 23,370 shares of the company’s stock valued at $497,000 after buying an additional 4,930 shares during the last quarter. BNP Paribas Arbitrage SA raised its position in BancorpSouth by 53,966.7% in the second quarter. BNP Paribas Arbitrage SA now owns 38,928 shares of the company’s stock valued at $883,000 after buying an additional 38,856 shares during the last quarter. Finally, LS Investment Advisors LLC raised its position in BancorpSouth by 78.2% in the second quarter. LS Investment Advisors LLC now owns 5,121 shares of the company’s stock valued at $116,000 after buying an additional 2,248 shares during the last quarter. Institutional investors and hedge funds own 63.15% of the company’s stock.

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BancorpSouth (NYSE:BXS) opened at 29.40 on Wednesday. BancorpSouth has a one year low of $18.69 and a one year high of $29.45. The firm’s 50 day moving average price is $25.04 and its 200 day moving average price is $23.80. The stock has a market cap of $2.75 billion, a price-to-earnings ratio of 23.94 and a beta of 1.22.

BancorpSouth (NYSE:BXS) last announced its quarterly earnings data on Wednesday, October 19th. The company reported $0.39 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.40 by $0.01. BancorpSouth had a net margin of 15.47% and a return on equity of 8.40%. The company had revenue of $185.50 million for the quarter, compared to analysts’ expectations of $193.14 million. During the same period in the prior year, the firm earned $0.36 earnings per share. The firm’s quarterly revenue was up 6.5% on a year-over-year basis. Equities analysts forecast that BancorpSouth will post $1.47 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, January 3rd. Investors of record on Thursday, December 15th will be issued a dividend of $0.125 per share. The ex-dividend date is Tuesday, December 13th. This represents a $0.50 annualized dividend and a dividend yield of 1.70%. BancorpSouth’s payout ratio is 40.65%.

About BancorpSouth

BancorpSouth, Inc is a financial holding company. The Company, through its principal bank subsidiary, BancorpSouth Bank (the Bank), conducts commercial banking and financial services operations in Alabama, Arkansas, Florida, Louisiana, Mississippi, Missouri, Tennessee, Texas and Illinois. The Company’s segments include Community Banking, Insurance Agencies, and General Corporate and Other.

5 Day Chart for NYSE:BXS

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